Tuesday, 1 March 2016

Corrupt Babu Gets Two Years in Jail

BENGALURU: Stating that corruption by a public servant is highly dangerous to society and seriously affects the welfare of the nation, a CBI Special Court convicted a former Registrar of Companies, Bengaluru, in a disproportionate assets (DA) case registered by CBI in 2005.
The convicted is B M Anand, a resident of Kanakapura Road in Basavanagudi. The court acquitted Anand’s wife Laxmi Anand, who was the second accused. She is a former employee of a nationalised bank.
In his 446-page judgment dated January 30, CBI Special Court judge Aswatha Narayana sentenced Anand to simple imprisonment for two years and imposed a fine of `15 lakh.
“The disproportionate assets worth `65.84 lakh (60 per cent) held by Anand in his name and in the names of his family members are confiscated to state,” the court ordered.
“The accused was a Group-A officer of the Central government in the cadre of joint secretary. Though he was in such a high position, without any regard for the office he held, the oath he had taken and also by ignoring the welfare of society, he has committed the heinous crime”, the judge noted.
On Anand’s age, who is a senior citizen, the judge said if any mercy is shown, a wrong message will go to society to the effect that it is possible to escape punishment by committing serious offences too.
Anand was Joint Director (Accounts and Inspection) in the office of the Regional Director, Department of Company Affairs, Mumbai, from 1985 to 1998 and later was Joint Director (Inspections) in the office of the Regional Director, Department of Company Affairs, Chennai, till 1999.
He was transferred as Registrar of Companies, Bengaluru, on April 22, 1999 and was in that post till July 4, 2005.
Biju George Joseph, the then Superintendent of Police, ACB, Bengaluru, registered the case against Anand on April 5, 2005, under the Prevention of Corruption Act.
An investigation revealed that Anand, his wife and son have 31 bank accounts in Mumbai and Bengaluru with `23.43 lakh cash in all.
Anand allegedly possessed assets worth `99.18 lakh which was disproportionate to his known sources of income to an extent of 105.08 per cent, during the check period from January 1, 1996 to April 6, 2005.

Published: 20th February 2016 04:40 AM
Last Updated: 20th February 2016 04:40 AM 
The New Indian Express Online Edition 
Submitted by Dr Malati Das I.A.S. (Retd.)
Former Chief Secretary, Karnataka
Adviser, Janaagraha

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